A flood of money into the US market would have driven inflation well into double digits. Just ask the people of Venezuela what printing money does to inflation.
Jake Van Der Kamp
Opinion

Opinion

Jake's View by Jake Van Der Kamp

The Fed never flooded the US with money 9 years ago – it just toyed with its price

If it’s true we’ll now see Fed reserves wound way down, then the mainstream economy may in fact be looking at easier money or, at least, easier access to it

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A flood of money into the US market would have driven inflation well into double digits. Just ask the people of Venezuela what printing money does to inflation.
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